Toast, Inc. (NYSE:TOST – Get Free Report) CFO Elena Gomez sold 2,163 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $35.10, for a total transaction of $75,921.30. Following the completion of the transaction, the chief financial officer owned 165,911 shares in the company, valued at $5,823,476.10. The trade was a 1.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Elena Gomez also recently made the following trade(s):
- On Monday, August 10th, Elena Gomez sold 5,761 shares of Toast stock. The shares were sold at an average price of $35.37, for a total transaction of $203,766.57.
- On Thursday, August 6th, Elena Gomez sold 900 shares of Toast stock. The stock was sold at an average price of $35.02, for a total value of $31,518.00.
- On Wednesday, August 5th, Elena Gomez sold 16,176 shares of Toast stock. The shares were sold at an average price of $35.29, for a total value of $570,851.04.
- On Thursday, July 2nd, Elena Gomez sold 11,605 shares of Toast stock. The shares were sold at an average price of $28.85, for a total value of $334,804.25.
Toast Trading Down 2.3%
NYSE TOST traded down $0.81 on Tuesday, hitting $34.88. The company’s stock had a trading volume of 6,798,700 shares, compared to its average volume of 11,778,866. Toast, Inc. has a 52-week low of $22.26 and a 52-week high of $45.64. The company’s 50-day simple moving average is $28.60 and its 200 day simple moving average is $27.88. The firm has a market cap of $17.93 billion, a P/E ratio of 44.71 and a beta of 1.72.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on TOST shares. Oppenheimer raised their target price on shares of Toast from $36.00 to $38.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. UBS Group increased their target price on Toast from $34.00 to $39.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Keefe, Bruyette & Woods lifted their price target on Toast from $30.00 to $35.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Canaccord Genuity Group set a $40.00 price objective on Toast in a report on Wednesday, August 5th. Finally, DA Davidson raised their price objective on Toast from $30.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Toast presently has an average rating of “Moderate Buy” and a consensus price target of $38.77.
Get Our Latest Report on Toast
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in TOST. Jennison Associates LLC grew its stake in shares of Toast by 1.0% in the fourth quarter. Jennison Associates LLC now owns 15,157,955 shares of the company’s stock worth $538,259,000 after acquiring an additional 157,394 shares during the last quarter. Morgan Stanley boosted its stake in Toast by 6.7% in the 4th quarter. Morgan Stanley now owns 10,372,626 shares of the company’s stock worth $368,332,000 after purchasing an additional 653,487 shares in the last quarter. State Street Corp grew its position in Toast by 3.0% during the 4th quarter. State Street Corp now owns 9,820,594 shares of the company’s stock valued at $348,729,000 after purchasing an additional 282,282 shares during the last quarter. XN LP grew its position in Toast by 50.8% during the 4th quarter. XN LP now owns 8,988,386 shares of the company’s stock valued at $319,178,000 after purchasing an additional 3,029,856 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Toast by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 8,675,056 shares of the company’s stock valued at $307,214,000 after purchasing an additional 169,230 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company’s stock.
Trending Headlines about Toast
Here are the key news stories impacting Toast this week:
- Positive Sentiment: Toast expanded its global partnership with Adyen into the United States. The agreement could strengthen Toast’s payments infrastructure and support its growing platform, which processed more than $215 billion in gross payment volume across approximately 180,000 locations during the 12 months ended June 30, 2026. Adyen Expands Global Partnership with Toast into U.S.
- Positive Sentiment: Barclays reaffirmed its Buy rating on Toast, supporting the bullish long-term view among some analysts. Barclays Reaffirms Their Buy Rating on Toast
- Neutral Sentiment: DA Davidson raised its price target from $30 to $34 but maintained a Neutral rating. The revised target remains below the referenced trading level, indicating limited near-term upside in the firm’s view. DA Davidson Raises Toast Price Target
- Neutral Sentiment: Recent commentary from Zacks and other outlets highlights Toast as a potential long-term growth stock, but these articles do not provide a new operating or financial catalyst. Why Toast Is a Top Growth Stock for the Long Term
- Negative Sentiment: Toast CEO Aman Narang sold approximately $5.72 million of stock across transactions on August 7 and August 10. CFO Elena Gomez also sold approximately $280,000 of shares. Although both executives’ sales were conducted under pre-arranged Rule 10b5-1 plans, the scale of the transactions may pressure sentiment and is the clearest near-term negative catalyst. Toast Insider Sale Filing
About Toast
Toast, Inc (NYSE: TOST) is a technology company that builds a cloud-based platform for restaurants and other foodservice businesses. Headquartered in Boston, Massachusetts, Toast offers integrated point-of-sale (POS) systems and a suite of software and hardware designed to streamline front-of-house and back-of-house operations. The company went public in 2021 and has positioned itself as a vertically integrated provider for the restaurant industry.
Toast’s product portfolio includes touchscreen POS terminals and handheld order-and-pay devices, kitchen display systems, and peripherals tailored for high-volume foodservice environments.
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